Senior Underwriting Manager
Annual salary range
₹7.7 Lakhs - ₹25 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries bySenior Underwriting Manager Salary in Financial Services in India (Updated 2025)
based on 51
latest salaries
• updated:
6 Feb 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Senior Underwriting Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
4
years
(4
salaries)
|  ₹6 L/yr - ₹11.1 L/yr |
5
years
(2
salaries)
| ₹6 L/yr - ₹8.2 L/yr |
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| |
6
years
(2
salaries)
| ₹8.9 L/yr - ₹12.5 L/yr |
7
years
(2
salaries)
| ₹7.5 L/yr - ₹7.8 L/yr |
8
years
(4
salaries)
| ₹8 L/yr - ₹15 L/yr |
View all salaries by experience
Senior Underwriting Manager Salary in
India ranges between ₹7.7
Lakhs to ₹25
Lakhs for
4 years of experience to 18 years of experience
. Salary estimates are based on
51 latest salaries received
from Senior Underwriting Manager.
Senior Underwriting Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Senior Underwriting Manager Salary
4 - 17
years
exp.
(28
salaries)
| ₹7.7 L/yr - ₹25 L/yr |
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| |
Customer Success, Service & Operations
Senior Underwriting Manager Salary
10 - 13
years
exp.
(5
salaries)
| ₹17 L/yr - ₹22 L/yr |
View all departments salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 -
5
yrs
exp.
(6 salaries)
|
₹6 L/yr - ₹11.1 L/yr | |
10 -
12
yrs
exp.
(5 salaries)
|
₹18 L/yr - ₹22 L/yr | |
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| ||
17 -
21
yrs
exp.
(4 salaries)
|
₹14.7 L/yr - ₹19.1 L/yr | |
8 -
17
yrs
exp.
(4 salaries)
|
₹13.5 L/yr - ₹18 L/yr | |
3 -
16
yrs
exp.
(4 salaries)
|
₹8 L/yr - ₹8.4 L/yr | |
10 -
15
yrs
exp.
(3 salaries)
|
₹10 L/yr - ₹11.8 L/yr | |
6 -
14
yrs
exp.
(3 salaries)
|
₹7.8 L/yr - ₹12.5 L/yr | |
11 -
20
yrs
exp.
(3 salaries)
|
₹10 L/yr - ₹21 L/yr | |
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| ||
13 -
15
yrs
exp.
(3 salaries)
|
₹10.8 L/yr - ₹13.8 L/yr | |
Similar Designation Salaries for Senior Underwriting Manager
| Designations | Avg Annual Salary |
|---|---|
Underwriting Manager Salary
2 -
14
years
exp.
(237 salaries)
| ₹3.6 L/yr - ₹15 L/yr |
Senior Underwriter Salary
3 -
11
years
exp.
(260 salaries)
| ₹3.3 L/yr - ₹19 L/yr |
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| |
Underwriting Analyst Salary
0 -
7
years
exp.
(290 salaries)
| ₹3.1 L/yr - ₹9 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(45.6k salaries)
| ₹7.5 L/yr - ₹35 L/yr |
Regional Credit Manager Salary
5 -
18
years
exp.
(1.3k salaries)
| ₹8.1 L/yr - ₹30 L/yr |
View more similar designations
Senior Underwriting Manager Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Senior Underwriting Manager
4 -
18
years
exp.
| ₹8 L/yr - ₹28 L/yr |
Bangalore / Bengaluru
Senior Underwriting Manager
4 -
15
years
exp.
| ₹11.1 L/yr - ₹30 L/yr |
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| |
New Delhi
Senior Underwriting Manager
10 -
17
years
exp.
| ₹17 L/yr - ₹22 L/yr |
Pune
Senior Underwriting Manager
9 -
15
years
exp.
| ₹10 L/yr - ₹13 L/yr |
Gurgaon / Gurugram
Senior Underwriting Manager
4 -
8
years
exp.
| ₹5 L/yr - ₹13 L/yr |
View More
Senior Underwriting Manager Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Insurance
Senior Underwriting Manager
4 -
18
years
exp.
| ₹6 L/yr - ₹22 L/yr |
Banking / Insurance / Accounting
Senior Underwriting Manager
4 -
17
years
exp.
| ₹8 L/yr - ₹25 L/yr |
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| |
IT Services & Consulting
Senior Underwriting Manager
10 -
15
years
exp.
| ₹17 L/yr - ₹30 L/yr |
Consulting
Senior Underwriting Manager
10 -
13
years
exp.
| ₹17 L/yr - ₹22 L/yr |
Accounting & Auditing
Senior Underwriting Manager
10 -
12
years
exp.
| ₹18 L/yr - ₹22 L/yr |
View More
Frequently Asked Questions about Senior Underwriting Manager Salaries
What is the salary of a Senior Underwriting Manager in India?
Salary for a Senior Underwriting Manager in India ranges between ₹7.7 Lakhs to ₹25.0 Lakhs per year. Salary estimates are based on 51 latest salaries received from various Senior Underwriting Managers across industries.
What is the starting salary for a Senior Underwriting Manager in India?
Average starting Salary for Senior Underwriting Manager in India is around ₹7.7 Lakhs per year (₹64.2k per month). 4 years of minimum experience is required to be a Senior Underwriting Manager.
What are the top paying industries for Senior Underwriting Manager in India?
- IT Services & Consulting - ₹17.0 Lakhs to 30.0 Lakhs per year
- FinTech - ₹21.0 Lakhs to 21.0 Lakhs per year
- NBFC - ₹13.0 Lakhs to 20.0 Lakhs per year
- Insurance - ₹3.0 Lakhs to 30.0 Lakhs per year
- Banking - ₹10.0 Lakhs to 13.7 Lakhs per year
What are the top paying cities for Senior Underwriting Manager in India?
- Faridabad - ₹14.4 Lakhs to 32.0 Lakhs per year
- New Delhi - ₹17.0 Lakhs to 22.0 Lakhs per year
- Bangalore / Bengaluru - ₹11.1 Lakhs to 18.0 Lakhs per year
- Mumbai - ₹3.0 Lakhs to 30.0 Lakhs per year
- Pune - ₹10.0 Lakhs to 11.8 Lakhs per year
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